ACC 576 Complete Course ACC576 Week 1 to week 11
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"Audit Documentation" Please respond to the following: * From the e-Activity, analyze the documentation requirements under Standard 3. Make at least two (2) recommendations to the documentation requirements that you believe would improve Standard 3. Support your recommendations with examples of such improvements. * From the e-Activity, rank the top three (3) documentation requirements that you…show more content…

Based on your scenario, recommend one (1) control that would prevent or detect your fraud. Support your recommendation with examples.

ACC 576 Week 4 Discussion
"Clarity Project" Please respond to the following: * From the e-Activity, choose one (1) of the eight (8) steps in the Clarified Auditing Standards–Learning and Implementation Plan. Based on the step you have chosen, analyze support for the action plan proposed, and make at least two (2) recommendations that would improve support of the action plan. * From the e-Activity, analyze four (4) of the eight (8) steps and the actions proposed for each step. Based on your analysis, recommend at least two (2) action modifications that accountants should consider, in addition to what the AICPA has identified.

ACC 576 Week 5 Discussion
"PCAOB" Please respond to the following: * From the e-Activity, analyze the role of the PCAOB to protect the public. Based on your analysis, give your opinion as to whether you believe they possess enough of the requisite power to be effective in accomplishing their mission. Provide support for your opinion. * Common history shows that prior to PCAOB, the accounting industry was self-regulated through the American Institute of Certified Public Accountants (AICPA). Create an argument that the public is either better or worse off since PCAOB assumed the

Monetary Policy: The Fed's Economic Oversight
Modern Monetary policy is defined as “[t]he actions of a central bank, currency board, or other regulatory committee that determines the size and rate of growth of the money supply in a country, which in turn affects interest rates. Monetary policy is maintained through actions such as increasing the interest rate, or changing the amount of money that banks are required to keep in the vault also known as bank reserves” (Investopedia). Meanwhile, fiscal…

was relatively doing fine more than five years ago before it was hit by economic downturn or recession. During this period, the American economy was at its peak, particularly in the fourth quarter of 2007. However, this was followed by a mild recession at the beginning of 2008, which eventually turned into a severe credit crisis across the world approximately one year later. While only a few countries escaped the economic recession, virtually no country could avoid the severe bear markets in stock…

falsified Sales Revenues by recording $2.6 million dollars in false sales to Bi-Coastal Pharmaceutical Corp. when in fact Bi-Coastal’s “ down payment” for the $2.6 million sale came from NutraCea’s former COO in the form of a loan in the amount of $1 million in order to justify NutraCea’s recognition of revenue from the sale. This resulted in overstated product sales revenues by 35% in the 2nd quarter of 2007 and 29% in the 3rd quarter of 2007. Moreover, NutraCea also inappropriately documented…

Week 1 Assignment - Critical Analysis Questions – Chapters 1 & 2
Matthew Philip Wee
Grantham University
Chapter 1
3a. What method is used to ration goods in a market economy? How does this rationing method influence the incentive of individuals to supply goods, services, and resources to others?
3a. The method that is used to ration goods in a market economy is the price mechanism. This rationing method influences the incentive of individuals to supply goods, services…

Basic Accounting Concepts and Business Structures
ACC/537 FINANCIAL ACCOUNTING
All businesses has a obligated task to prepare financial statements that shows the performance of the business at the end of a accounting period. Accounting standards regulation is important because it helps to ensure that companies are transparent in preparation of financial statements which reflects the true results of the company’s outcome. If there are no regulations for preparing…

currency
war; simply implementing monetary policies that will be suitable for our economic situation should
benefit everyone in the long-run.
I. The possibility of a currency war means that the value of the currency increases and
decreases according to market forces. Balance of payments is a brief of international transactions
based on statistics. These transactions are the transferring of ownership of goods that have
economic value measured in monetary terms between various nations. As…

Week 1 Assignment – AC573
Trusted Criminals Text
#5. Identify the principal agents who expose white collar crime in contemporary society. What factors motivate people to expose such crime, and what factors inhibit them from doing so? What specific policy measures can be adopted to encourage exposure of white collar crime?
White collar crime, as a rule, is less visible than conventional crime. A white collar crime, by definition, is a non-violent act involving deception, typically committed by…

Matt Bagwell
Week 7 Assignment
1) “Imagine someone placing your head in a stock. As you stare helplessly ahead, unable to defend yourself, your head is pulled back. Your lower eyelid is pulled away from your eyeball. Then chemicals are poured into the eye. There is pain. You scream and writhe hopelessly. There is no escape.
“This is the Draize Test. The test which measures the harmfulness of chemicals by the damage inflicted on the unprotected eyes of conscious rabbits. The test that…cosmetic…

Week 2 Discussion Questions
Chapters 6 & 8
1. Why is audit planning so important? What is the most important step in audit planning? Why is this step so important?
Posted on wed 5/8/2013
Responded to one classmates on 5/08/2013
Auditing planning is important because it helps the auditor determine his/her approach to the audit. There are two considerations that affect the approach: 1). Sufficient appropriate evidence must be accumulated to meet the auditor’s professional…